ICE U.S. Coffee "C" Arabica
ICE U.S. Coffee "C" Arabica futures is the world benchmark contract for Arabica coffee. The contract prices physical delivery of exchange-grade green beans from one of 19 countries of origin in a licensed warehouse in one of several ports in the U.S. and Europe, with stated premiums/discounts for ports and growths.
Dried Coffee "C" Arabica seeds "beans" are roasted, ground, and brewed to make coffee. The two most important species of coffee economically speaking are Coffea Arabica (Arabica coffee) - which accounts for over 70% of world production - and Coffea Canephora (Robusta coffee). Two other species which are grown on a much smaller scale are Coffea Liberica (Liberica coffee) and Coffea Dewevrei (Excelsa coffee).
ICE offers data quotes on a subscription basis.
|U.S. Coffee "C" Arabica futures|
|Contract Size||37,500 pounds|
|Tick Value||5/100 cent/lb., equivalent to $18.75 per contract.|
|Contract Months||March, May, July, September, December|
|Last Trading Day||One business day prior to last notice day|
|Trading Hours||08:30 to 12:30 Eastern time; closing period commences at 12:29 Eastern time||New York: 4:15 AM - 1:30 PM|